UBER - Uber Technologies, Inc.

NYSE - NYSE Delayed Price. Currency in USD
34.61
-0.62 (-1.76%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close33.22
Open35.53
Bid0.00 x 1400
Ask0.00 x 2200
Day's Range34.37 - 35.80
52 Week Range32.92 - 47.08
Volume10,726,920
Avg. Volume11,907,747
Market Cap58.837B
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-3.01
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est51.47
Trade prices are not sourced from all markets
  • 3 Tech Stocks for Growth Investors to Buy in August
    Zacks

    3 Tech Stocks for Growth Investors to Buy in August

    It's time to check out 3 tech stocks that came through our screen today that growth investors might want to consider as we move beyond Q2 earnings season...

  • 5 Top Stock Trades for Tuesday: TLT, GLD, AAPL, AMD, UBER
    InvestorPlace

    5 Top Stock Trades for Tuesday: TLT, GLD, AAPL, AMD, UBER

    After a positive trading session on Monday for Wall Street, the threat of headlines remain. Last week, the sentiment went too bearish and was an opportunity to go long many great companies whose stocks were unduly punished. Here are a few tickers to watch going into tomorrow. Top Stock Trades for Tomorrow: TLTLast week, investors piled into the U.S. bonds and the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) spiked to new highs. But late in the week, the opportunity came from the sentiment in that trade; it went too bearish.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Great Small-Cap Stocks to Buy The risk is now not that the TLT stock is too expensive, but the opportunity that originates from the recklessness of last week's trade. There was widespread consensus that U.S. bonds will continue to rally with absolute certainty. This is never correct, because if there was no risk then there should be no return.So the right trade was to short the TLT on Thursday when that rhetoric was prevalent. This opportunity is still there because the TLT left a lot of froth from its latest rip and can fill the gap to $136. The bet is that the TLT bulls became too complacent. Top Stock Trades for Tomorrow: GLDSimilar to the TLT, investors piled into the precious metals like silver and gold so the bulls there also became too complacent. The SPDR Gold Shares (NYSEARCA:GLD) is now overextended but this is not a call on the value of GLD. This is merely to say that too much love on the name right now.So again the trade was to start shorting the GLD stock last week. But on Monday we saw a continuation of the weakness so the trade is still on. Much like the TLT, GLD also left a lot of recent froth that could come out of the chart quickly.But since both the TLT and GLD trades are similar, I don't want to do both at the same time. Especially, if I am already long the equities in general. Top Stock Trades for Tomorrow No. 3: UBERLyft (NASDAQ:LYFT) lock-up expires by tomorrow. But the better trade is to be long Uber (NYSE:UBER) for the next few years. The concept actually started last week. For all those who missed the IPO, the lows of last week were an opportunity to take another flyer on long bet on UBER stock.The thesis for that is not short term, however. This is a company that has the opportunity to be like Amazon (NASDAQ:AMZN), which started its life as a book seller but now dominates several industries.UBER also started by moving people but now has several verticals already going and many more in potential. UBER freight is a leading candidate to become a cash cow. While mainstream investors criticize their profitability, they are missing the potential. Growth companies are supposed to spend a lot to grow a lot. Sure, UBER losses are massive but so are their addressable markets so it is unavoidable. Top Stock Trades for Tomorrow No. 4: AAPLThere is no doubt that Apple (NASDAQ:AAPL) has been the poster child of company success. Yet, AAPL stock never gets all the respect it deserves. AAPL is almost never a momentum stock like AMZN but there could be a move coming.In the next few days, I would watch for the break above the $218 per share neckline. This has been a cement wall of late and for good reason. $220 is the yearly point of control so the bulls and bears like to fight it out there and create congestion.So, if and once the AAPL bulls break above it then they will overshoot. Apple stock can then target $230 per share or higher.I know it sounds ridiculous but the charts paint a clear picture of the potential. So it's best to set sentiment aside and treat the opportunity with technical spin rather than emotional. Top Stock Trades for Tomorrow No. 5: AMDAdvanced Micro Devices (NASDAQ:AMD) has been the chip stock champion. But one can make the argument that it's the overall tech champ. At one time this honor went to Nvidia (NASDAQ:NVDA) but no longer. Somehow AMD stock finished last year up 50% while the stock market was falling off a cliff.Here, AMD stock is again showing signs of a breakout. But since we are still in a headline trading mode, I cannot trust the politicians not to foil this potential as well. So patience will be a virtue and there are definitely important lines in the AMD short term chart to heed.While Monday the stock is up 2%, AMD is heading into a resistance zone. Onus is on the bulls to prove that they can reclaim it as footing. If so then the eventual upside target $37 per share of higher, but it won't be easy.Conversely, there are holes in the chart below and these gaps can exert downside pressure. Luckily, there is the short-term point-of-control zone around 29.5 that will lend support. Losing $28 would bring a bearish scenario but one I don't think will come alone. Meaning, if the markets hold this most recent bottom, then AMD lows are set for now. * 7 Great Small-Cap Stocks to Buy So I'd rather sell puts below than chase upside above while markets battle the headlines. For example I could have collected over $1.50 per contract for selling $26 November AMD puts.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. Join his live chat room for free here. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post 5 Top Stock Trades for Tuesday: TLT, GLD, AAPL, AMD, UBER appeared first on InvestorPlace.

  • Benzinga

    Startups In The Transport Space Overlook A Fertile Investment Landscape

    The growth in the relevance of technology within the transportation sector over the last decade has been nothing short of spectacular. "There is a rise in popularity of the theme of ‘access versus ownership' – it has led to consumers increasingly finding comfort in not owning vehicles and instead simply having access to them.

  • Uber’s own numbers show why investors shouldn’t believe in its vision
    MarketWatch

    Uber’s own numbers show why investors shouldn’t believe in its vision

    According to Uber, it is still in the early stages of capturing what it estimates to be a $12 trillion (yes, that’s trillion with a “T”) total addressable market that includes personal mobility, food delivery, and freight shipping. If that goal was remotely feasible, and Uber was at less than 1% of its total addressable market, you’d expect the company’s revenue growth to be rapidly accelerating. Instead, Uber’s revenue growth rate declined from 106% in 2017 to 42% in 2018, and it declined even further to just 14% year-over-year in the second quarter.

  • Benzinga

    Uber Freight Goes After Larger Fleets With Dispatcher Portal

    Prior to the launch of the dispatcher tool, carriers had to manage trucks and loads with Uber Freight's mobile app. While that works for fleets with less than five trucks — with the dispatcher often doubling as a driver — dispatchers at larger fleets most commonly work from desktop computers. In the new web portal, dispatchers can view and book loads, assign them to available drivers and manage the loads end to end.

  • 2019 IPO Scorecard
    Zacks

    2019 IPO Scorecard

    2019 IPO Scorecard

  • GlobeNewswire

    ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Uber Technologies, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Uber Technologies, Inc. (“Uber” or “the Company”) (NYSE: UBER) for violations of the federal securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

  • Midwestern Money Manager Becomes Big Player in N.Y. Taxi Industry
    Bloomberg

    Midwestern Money Manager Becomes Big Player in N.Y. Taxi Industry

    (Bloomberg) -- Midwestern money manager O’Brien-Staley Partners acquired hundreds of New York City taxi medallion loans, becoming a major player in an industry upended by Uber and Lyft.O’Brien-Staley, founded by two former Cargill Inc. executives, bought performing loans secured by more than 400 medallions from Signature Bank, according to regulatory filings and interviews. That equals roughly 3% of the 13,587 medallions that are either in use or storage, according to the New York City Taxi and Limousine Commission.Lenders such as Signature and Capital One Financial Corp. have suffered losses on medallion loans as taxi ridership and revenue plummeted in the face of competition from ride-hailing services Uber Technologies Inc. and Lyft Inc. That has left many cab drivers swamped by debts they can’t repay.With regulators investigating allegations of predatory lending, medallion prices have fallen as low as $110,000 from roughly $1 million at the start of the decade. Banks that haven’t budged on price may become more willing to sell their loans to private equity and hedge fund firms.“There are other players resurfacing,” said Matthew Daus, an attorney at Windels Marx who formerly served as commissioner of New York’s taxi and limousine bureau. Some banks “may cut their losses once and for all.”Unloved CreditsSusan Turkell, a spokeswoman for New York-based Signature, confirmed in an email that the bank made a bulk sale of performing loans to O’Brien-Staley earlier this year, representing more than 400 medallions. Signature’s second-quarter financial report disclosed the sale of about $46.4 million in loans tied to medallions and $4.6 million in repossessed medallions.E. Gerald O’Brien, chief investment officer at O’Brien-Staley, declined to comment. The former head of global loan portfolios at CarVal Investors, a credit investment unit at Cargill, O’Brien co-founded the firm in 2010 with Warren Staley, a former Cargill chief executive officer.O’Brien-Staley’s website says it specializes in “unloved” credits. The firm had about $1.3 billion of regulatory assets under management at the end of last year. It now ranks as one of the largest lenders against medallions, said Andrew Murstein, president of Medallion Financial Corp., which originates and services taxi loans.“It is another positive sign for the industry that another fund with a successful track record believes that medallions are a good investment,” Murstein said in an email.To contact the reporter on this story: Miles Weiss in Washington at mweiss@bloomberg.netTo contact the editors responsible for this story: Alan Mirabella at amirabella@bloomberg.net, Vincent Bielski, Melissa KarshFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Lyft’s IPO is outperforming Uber’s in one crucial way
    Quartz

    Lyft’s IPO is outperforming Uber’s in one crucial way

    Most pre-IPO Lyft shareholders are still poised to book solid gains. The same isn't true for Uber.

  • Uber customers paid more than $6 billion in cash last year, and accounting for it isn’t easy
    MarketWatch

    Uber customers paid more than $6 billion in cash last year, and accounting for it isn’t easy

    Uber says it’s a technology platform but the company accepts cash, a dangerous low-tech way to boost revenue in Brazil and some other foreign locations .

  • Crypto Behemoth Binance Is Planning a Rival to Facebook’s Libra
    Bloomberg

    Crypto Behemoth Binance Is Planning a Rival to Facebook’s Libra

    (Bloomberg) -- One of the largest cryptocurrency exchanges is looking to partner with governments and companies to develop new digital currencies as it competes with the Libra project spearheaded by Facebook Inc.To that end, Malta-based Binance said it plans to create an independent “regional version of Libra,” the digital coin being developed by Facebook Inc. and partners, in a Chinese-language statement on its website Monday. The firm run by Chief Executive Officer Zhao “CZ” Changpeng said its open blockchain project, Venus, is intended to “empower developed and developing countries to spur new currencies.’’Developing so-called stable coins like Tether that are pegged to the U.S. dollar or another traditional currency has become a goal for many crypto platforms. Traders have flocked to these lower-volatility coins as they can be used to facilitate transactions and to park funds during wild swings in prices.Unlike Facebook, which announced its Libra coin with 27 partners from Visa Inc. to Uber Technologies Inc. signed up, Binance did not say if any other players have signed up to Venus. Instead the company said it “welcomes additional government partners, companies and organizations with a strong interest and influence on a global scale to collaborate with us to build a new open alliance and sustainable community.’’Binance already has experience with stable coins, having issued a token pegged to the U.K. pound earlier in the year. The exchange says it handles an average $1.2 billion of trading volume a day.Crypto firms have not only struggled to maintain stability in coin prices, but also with security in holding the digital assets. In May, Binance said hackers withdrew 7,000 Bitcoins worth about $40 million in a “large scale security breach.”\--With assistance from Shiyin Chen.To contact the reporter on this story: Alastair Marsh in London at amarsh25@bloomberg.netTo contact the editors responsible for this story: James Hertling at jhertling@bloomberg.net, Todd White, Sid VermaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Macro-Headwinds Risk Ruining the Recipe for Blue Apron Stock
    InvestorPlace

    Macro-Headwinds Risk Ruining the Recipe for Blue Apron Stock

    For meal-delivery service Blue Apron (NYSE:APRN), I'm going to loosen my usual uptight writing style and address this matter frankly: I have a love-hate relationship with APRN stock.For starters, you'd expect the underlying company to do well in this environment. Indeed, I'd argue that in this app-crazy world we're living in, you'd expect Blue Apron stock to skyrocket. In my opinion, the company combines the best of technology and tradition. It gives you the convenience of meal deliveries, while encouraging the family dinner custom.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFurthermore, millennials love eating out. In my last write-up about Blue Apron stock, I questioned management's previous focus on targeting retirees. And it's not just an age thing. As I pointed out, millennials "have different expectations and desires."A prime example is the car culture. In every other generation, getting a car was a rite of passage. With millennials and the younger Generation Z, it's just not as important. Moreover, there's a reason for this trend. Companies like Uber Technologies (NYSE:UBER) and Lyft (NASDAQ:LYFT) are maximizing the potential of the on-demand sharing economy. * 10 Stocks Under $5 to Buy for Fall Logically, this dynamic should greatly benefit APRN stock. Millennials eschew cars but love wining and dining. Plus, they're big on delivery services. These points bolster the "love" part of my relationship with Blue Apron stock.So, what's the "hate" part? Just open up a chart of the Blue Apron stock price and you'll quickly see for yourself. On a year-to-date basis, shares have lost nearly 52% of their market value. And with the panicked situation we have in the markets, this service company just doesn't have the legs to compete.By way of comparison, another millennial food favorite -- Chipotle Mexican Grill (NYSE:CMG) -- has seen its shares skyrocket almost 90% in the same period. The Invesco Dynamic Food & Beverage ETF (NYSEArca:PBJ) has added almost 19% in 2019. CMG is the 10th-largest holding in the exchange-traded fund's 31 stock portfolio. APRN has yet to attract ETF interest. Bad Timing May Hurt Blue Apron StockAlthough APRN stock levers some fundamental advantages regarding consumer demographics and behaviors, their biggest problem is converting those advantages. This mismatch was on fully display for their second-quarter earnings results.On paper, it was a mixed report. Per-share profitability for Blue Apron stock came in at a loss of 59 cents. This was far better than consensus estimates calling for an earnings per share loss of $1.08.However, Q2 was really a devastating blow for the company. That's because revenue delivered badly missed the consensus target by more than 14%, at $119.2 million. Furthermore, the year-ago sales haul was $179.6 million. Unsurprisingly, management reported steep subscriber losses.However, what is surprising is that APRN stock took the bad news quite well. It jumped after the disclosure, although it has since declined. Still, after such poor results, APRN is "only" down about 12% since the Q2 disclosure.Under normal circumstances, that might give contrarians some confidence in Blue Apron stock. Because this is an incredibly volatile name, a 12% loss isn't too bad, relatively speaking.On another angle, the fact that millennials love the on-demand sharing economy suggests that this contrarian play is rational. And I'll be blunt: it would get me excited, too.However, we have one little problem. I just don't like the volatility that we saw in the broader markets. Most of that came about because of U.S.-China trade war tensions, which of course is a major worry. But I'm a bit more concerned about the tension between President Trump and the Federal Reserve. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond Of course, Trump wants the Fed to do more. But I don't think the Fed can do anything. That signals to me that we're really headed toward a recession. And a recession does zero good for Blue Apron stock. A Very Limited Trading OpportunityBut with everything that I just said, it's not all bad news for APRN stock. As I discussed in my last article, Blue Apron brought in Linda Findley Kozlowski to head the company. Previously, Kozlowski was the COO of Etsy (NASDAQ:ETSY), another millennial and Gen Z fave.We have two takeaways here. First, Kozlowski knows e-commerce. She's also adept at engaging millennials, which is crucial for Blue Apron stock. And to top it off, she's proven capable of taking seemingly irrelevant markets -- Etsy specializes in homemade arts and crafts -- to the forefront.This should be a big advantage to Blue Apron. As far as I know, eating is a necessity. And cutting the time to prepare it is itself worth a premium.Perhaps this is the reason why Blue Apron stock apparently found a bottom in late June of this year. But as I mentioned above, we have macro-headwinds that can quickly sour consumer sentiment. Therefore, if you're going to gamble, do so in a narrowly defined period.For everyone else, it's time to shutter this investment. APRN badly missed both revenue and subscriber targets, which represent the lifeblood of a delivery-service company. And even if they didn't miss, we have a potential fiscal tsunami about to crash down on us.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post Macro-Headwinds Risk Ruining the Recipe for Blue Apron Stock appeared first on InvestorPlace.

  • Barrons.com

    This Year’s Tech IPOs Are About to Face a Big Test

    So-called stock lockup agreements will soon expire for many of this year’s high-profile IPOs, bringing a wave of new shares to the market. What happens when insiders are finally able to sell their stock? We’re about to find out.

  • Uber appoints new UK boss as London licence renewal nears
    Reuters

    Uber appoints new UK boss as London licence renewal nears

    Uber appointed a new boss for Britain and Ireland on Monday just over a month before its licence expires in London, one of its most important global markets where the regulator has previously stripped it of its right to operate. Transport for London (TfL) rejected the Silicon Valley company's licence renewal request in 2017 due to failings it said it found in its approach to reporting serious criminal offences and driver background checks, prompting court action. Melinda Roylett, former head of Europe at digital payment company Square, begins her new role at Uber on Monday, replacing Tom Elvidge, who moved to co-working space company WeWork earlier this year.

  • Motley Fool

    A Historian's Take on the Future of Cars

    Historian and author Dan Albert explains the surprising and fascinating history of America’s relationship with the automobile.

  • 3 Reasons Lyft Is a Better Buy Than Uber
    Motley Fool

    3 Reasons Lyft Is a Better Buy Than Uber

    Uber may be the big, bad wolf of ridesharing; Lyft is the better buy by a mile.

  • Barrons.com

    South Korea’s Sovereign-Wealth Fund Sold Tesla Stock — and Bought Uber and GM

    South Korea’s sovereign-wealth fund made some big changes in its transportation investments and adjusted its holdings in a social-media platform.

  • San Francisco doesn't care about the stock market
    Yahoo Finance

    San Francisco doesn't care about the stock market

    San Francisco is home to hot IPOs like Uber, Lyft, Slack and Pinterest. Big swings in the stock market get less attention than sizeable moves with any of the cities biggest publicly traded names.

  • Basic economics means Uber and Lyft can’t rely on driverless cars to become profitable
    MarketWatch

    Basic economics means Uber and Lyft can’t rely on driverless cars to become profitable

    Aggressive price-cutting won’t disappear with autonomous vehicles, so gross margins will remain wafer-thin.

  • Barrons.com

    Stanford University Now Owns Stakes in Uber and Pinterest Stock

    Stanford University owns shares of Uber, CrowdStrike, and Pinterest. It also acquired a stake in biotech stock Atreca in the second quarter and slashed its investment in Dropbox.

  • Why San Francisco doesn't care about the stock market
    Yahoo Finance Video

    Why San Francisco doesn't care about the stock market

    Yahoo Finance's Jen Rogers joins The Final Round from San Francisco to discuss why the biggest tech companies is Silicon Valley don't care about the stock market.